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Listed by SNSHN Realty LLC
$ 725,000
Est. payment | /mo
0.44 Acres Lot
$ 725,000
Est. payment | /mo
0.44 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
Municipality MILWAUKEE
MLS Listing ID 1963372
Year Built 1961
Annual Tax Amount $14,244
Tax Year 2025
Lot Size 0.440 Acres
Property Description
Well maintained 8 unit multifamily property with strong cash flow and upside potential. Current rents total $6,970/month, with tenants responsible for gas, electric, heat, and water, keeping operating expenses low. Major capital improvements include a new roof (2019), white vinyl thermal seal windows (2023), and all new furnaces (2024). One unit is vacant and ready for immediate occupancy, and market rents support a rent roll of $8,000+/month. Several units have been updated in the last few years with LVP flooring, refreshed kitchens, paint, and bathroom improvements. Additional on site coin operated laundry, storage units, and outdoor parking spaces provide convenience for tenants. Great opportunity to add to your portfolio.
Location
State WI
County Milwaukee
Zoning RM1
Rooms
Basement Block, Full
Interior
Heating Natural Gas
Cooling Forced Air
Inclusions 8 stove/ovens, 8 refrigerators
Equipment Seller Leased: Dryer, Seller Leased: Washer, Seller Owned: Water Heater
Appliance Seller Leased: Dryer, Seller Leased: Washer, Seller Owned: Water Heater
Building
Dwelling Type Apartment Building
Story 1 - 2
Sewer Municipal Sewer, Municipal Water
Structure Type Brick/Stone,Brick
New Construction N
Schools
School District Milwaukee
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